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The economy of Belize is a small, essentially private enterprise economy that is based primarily on agriculture, tourism, and services. The cultivation of newly discovered oil in the town of Spanish Lookout has presented new prospects and problems for this developing nation. [ 15 ]
Institute of Chartered Accountants of Belize (ICAB) is a professional accountancy body in Belize. It is the sole organization in Belize with the right to award the Chartered Accountant designation. [ citation needed ] ICAB is a member of the Institute of Chartered Accountants of the Caribbean .
Generally, a tax return does not need to be filed if income is less than a certain amount, but other factors such as the type of income, age, and filing status also play a role. Occasionally, there may be situations where the tax return need not be filed, but is filed anyway to receive a tax refund. [4]
Using the IRS2Go app, filers can check their refund status, make a tax payment and get free tax help. You can also use the app to follow the IRS on social media platforms and sign up to receive ...
As of May 2023, the IRS had 4.2 million unprocessed returns, including 2022 returns, 2021 returns filed late and amended returns. Read: What To Do If You Owe Back Taxes to the IRS
The Feb. 27 date depends on whether the tax filer electronically files the tax return, chooses direct deposit, and the IRS has no other issues with the return, the IRS said.
In 2005, Belize was the site of unrest caused by discontent with the PUP government, including tax increases in the national budget. On 8 February 2008, Dean Barrow was sworn in as prime minister after his UDP won a landslide victory in general elections.
Visit irs.gov/refunds or use the IRS2Go mobile app to see the latest information on your tax return and refund. You can also get information on your tax year 2022 or 2021 refunds.